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Fibria Celulose (FRA:VCLC) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Fibria Celulose Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fibria Celulose Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fibria Celulose's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fibria Celulose Cyclically Adjusted Price-to-FCF Chart

Fibria Celulose Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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Fibria Celulose Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Fibria Celulose's Cyclically Adjusted Price-to-FCF

For the Paper & Paper Products subindustry, Fibria Celulose's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fibria Celulose's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fibria Celulose's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fibria Celulose's Cyclically Adjusted Price-to-FCF falls into.



Fibria Celulose Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Fibria Celulose's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Fibria Celulose's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=0.565/117.8814*117.8814
=0.565

Current CPI (Sep. 2018) = 117.8814.

Fibria Celulose Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 0.094 67.118 0.165
200903 -0.135 67.946 -0.234
200906 0.068 68.840 0.116
200909 -0.288 69.275 -0.490
200912 -0.397 70.012 -0.668
201003 0.170 71.457 0.280
201006 0.144 72.173 0.235
201009 0.282 72.534 0.458
201012 -0.008 74.149 -0.013
201103 0.237 75.958 0.368
201106 -0.164 77.018 -0.251
201109 -0.131 77.837 -0.198
201112 0.145 78.971 0.216
201203 0.224 79.938 0.330
201206 0.058 80.803 0.085
201209 0.120 81.948 0.173
201212 0.246 83.581 0.347
201303 0.123 85.205 0.170
201306 0.161 86.214 0.220
201309 0.097 86.749 0.132
201312 0.215 88.522 0.286
201403 0.003 90.447 0.004
201406 0.159 91.838 0.204
201409 0.082 92.602 0.104
201412 0.154 94.194 0.193
201503 0.207 97.799 0.250
201506 0.249 100.006 0.294
201509 0.425 101.392 0.494
201512 0.091 104.247 0.103
201603 -0.118 106.979 -0.130
201606 -0.216 108.851 -0.234
201609 -0.327 109.986 -0.350
201612 -0.382 110.802 -0.406
201703 -0.247 111.869 -0.260
201706 -0.138 112.115 -0.145
201709 -0.111 112.777 -0.116
201712 0.203 114.068 0.210
201803 -0.135 114.868 -0.139
201806 0.477 117.038 0.480
201809 0.565 117.881 0.565

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Fibria Celulose  (FRA:VCLC) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Fibria Celulose Cyclically Adjusted Price-to-FCF Related Terms

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Fibria Celulose (FRA:VCLC) Business Description

Traded in Other Exchanges
N/A
Address
Fibria Celulose SA manufactures and sells eucalyptus pulp. The firm classifies its end products into sanitary paper, printing and writing, and special papers. The sanitary paper segment generates more pulp revenue than any other segment. More revenue comes from Europe than any other geography. The company owns forest land and mills in Brazil, where it harvests timber and turns the timber into pulp products in its mills. Fibria Celulose also operates a shipping port specialized for the shipment of pulp.

Fibria Celulose (FRA:VCLC) Headlines

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